1451 SW Olive Street, Madras, OR 97741
- $4,900,000
- List Price
- $4,900,000
- Status
- ACTIVE
- Days on Market
- 470
- Price Change
- ▼ $300,000 1767998947
- MLS#
- 220203015
- Subtype
- Commercial Sale
- Year Built
- 2025
- Lot Size
- 130,680
- Acres
- 3
Property Description
**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR** Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market. Room for additional growth up to 100 units.
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Additional Information
- Interior Features
- High Speed Internet
- Taxes
- $1,008
- Zoning
- MUE
- Flooring
- Concrete
- Heating
- None
- Air Conditioning
- None
- Stories
- One
- Levels
- One
- Roof
- Metal
- Foundation
- Slab
- Parking Features
- Parking Lot, Asphalt, Gated, Gravel, RV Access/Parking
- View
- City, Cascade Mountains, Mountain(s), Territorial
Listing courtesy of eXp Realty, LLC.
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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: